Post
Topic
Board Altcoin Discussion
Re: Charlie Lee is moving from Litecoin to NANO
by
JuniAiko
on 01/03/2018, 13:44:10 UTC
Charlie Lee looked at NANO 2 days ago: https://np.reddit.com/r/nanocurrency/comments/80c6fg/questions_about_nano_from_charlie_lee/

And it look like he adopted it: https://twitter.com/SatoshiLite/status/968931625001140224 ... even though it is a completely different technology and a direct competitor to Litecoin (fast and cheap transactions)

What does it mean for Litecoin and Bitcoin (the coins he was strongly supporting) ?

Even Litecoin and BCash still suffers from scalability issues into the long term. Their strategy simply delays it; but their outdated architecture will never scale infinitely (limited only by internet bandwidth) like Nano could.

Also I really don't like how mining (that do not do any useful work, besides inefficient blockgeneration/validating and generating all that"waste heat") is so environmentally unsustainable too. Not something that I can support in the long-term.